Northern Bank & Trust Charitable Foundation Inc
Northern Bank & Trust Charitable Foundation Inc is a private non-operating foundation based in Woburn, Massachusetts. Established in 2013, the foundation is affiliated with Northern Bank & Trust Company, a community bank serving the Greater Boston area. The foundation has been supporting charitable causes for over 60 years, with a specific focus on providing food, shelter, and housing to families in its communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$831K
+24.0% YoY
Grant Count
45
+18.4% YoY
Avg Grant Size
$18K
+4.7% YoY
Mission & Focus Areas
The foundation's mission centers on community investment and support. Primary funding areas include:
- Food, Shelter & Housing — Direct support for families in need
- Education — Including scholarship programs
- Human Services — Community-based assistance programs
- Philanthropy, Voluntarism & Grantmaking — Support for charitable infrastructure
Grantmaking
Grant Range
s & Types:**
Review Cycle
April 24, 2026
Ready to take the next step with Northern Bank & Trust Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily serves Middlesex County, Massachusetts, with emphasis on communities where Northern Bank operates in the Greater Boston area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $434,528
- Total Giving: $830,500
- Annual Income: $1,052,316
- Asset Range: $100,000 to $499,999
- Income Range: $1,000,000 to $4,999,999
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
156 grants across all recorded years
Open Grants
1 open opportunity from Northern Bank & Trust Charitable Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
James Mawn is listed as a key contact for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Elizabeth Mawn Ferullo | Director | 0.5 | — |
| Alicia J Mawn Mahlau | Director | 0.5 | — |
| James J Mawn | President - Director | 0.5 | — |
| Francis Kenney | Treasurer - Director | 0.5 | — |
| Michelle Arnold | Clerk - Director | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation actively promotes its James E. McGarry Jr. Scholarship Fund, with applications being accepted for the 2026 award cycle. The foundation continues its long-standing commitment to community giving through partnerships with schools, nonprofits, and charitable organizations throughout its service area.
Northern Bank Charitable Foundation Announces\u2026 | Northern BankSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Northern Bank & Trust Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities